{
  "id": 737495,
  "title": "HPCL buys 4 million barrels of West Asian crude, traders say",
  "url": "https://urgent.news/2026/08/13/hpcl-buys-4-million-barrels-of-west-asian-crude-traders-say",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T05:53:58.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/commodities/hpcl-buys-4-million-barrels-of-west-asian-crude-traders-say/article71339703.ece"
  },
  "original_language": "en",
  "account": "India's state-owned refiner Hindustan Petroleum Corp (HPCL) recently acquired 4 million barrels of West Asian crude oil, according to trade sources. The bulk of this purchase, 2 million barrels, originated from BP's Murban crude, while the remaining 1 million barrels came from PetroChina's Murban grade and 1 million barrels from Oman's Oman crude, both supplied by Trafigura. These crude grades are loaded and exported from regions outside the Strait of Hormuz. The Murban crude was purchased at a price approximately $7 per barrel higher than the dated Brent contract, whereas the Oman crude was procured at a price ranging from $4 to $5 per barrel above the Brent contract. It is important to note that the companies involved typically refrain from commenting on commercial transactions.",
  "summary": "HPCL purchases 2 million barrels of Murban crude from BP, another 1 million barrels of Murban from PetroChina and 1 million barrels of Oman crude from Trafigura",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Seoul tech leads Asian stock gains as traders cheer US inflation",
        "url": "https://urgent.news/2026/08/13/seoul-tech-leads-asian-stock-gains-as-traders-cheer-us-inflation",
        "published": "2026-08-13T03:15:21.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Asian stock markets diverge following Wall Street rally; KOSPI outperforms",
        "url": "https://urgent.news/2026/08/13/asian-stock-markets-diverge-following-wall-street-rally-kospi",
        "published": "2026-08-13T06:40:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}